Technical:
Pulled back to a critical retracement level at 0.415 and managed to bounce off, which now has formed a strong support base and also formed an uptrend price channel.
Weekly Performance 4.55%
Monthly Performance -4.17
3-Month Performance -36.99
Fundamental:
- Market Capitalization - 981,378,000
- Total Shares Outstanding (MRQ)...
IMHO This stock has a great future. The chart is of a 4 hour timeframe & a picture speaks a thousand words. Be cautious buying any stock at current levels till we can identify a trend.
Hi guys, I am seeing a lot of inverted cup patterns across the board. I took the internal cup measurement and placed the same price guide on the handle where it broke the handle resistance. This seems to correspond to the fib levels. This could still drop a bit a this virus is just starting to take off. DYOR
I have counted 5 big waves up here on the log and switched it to lin for you guys to get a better visual...we should be expecting to see a big correction here, I have drawn an ABC to play out but it can be different the MAIN takeaway here is that we have completed 5 waves up and we're most likely going into a big ABC correction.
Now that its absorbed the 400% move this stock looks set for another move after the September 3 pullback from the attempted break. Great action around the 8 day here. They tell me brokerdata is good too. I don't know much about that.
Due to its' massive gap up and formed a nice bearish candle, looking to short this stock. Just to TA, it's well above it's RSI level and 2 standard deviation. Also it has hit all time high and 52 week high as well.
After an excellent 3 to 4 month run, AVH had a bit of a breather and is now back testing the 10 cent barrier. If it can find support at this level it might be back on for another run.
AVH daily shows signs of a trend line break and a strong move through moving averages. But there is weak follow through so expecting a back test as it headbutts 200ma and tightens more before a stronger move.
Stochs and MACD all turned up, shorter stoch in overbought and on low volume hence my expectation of a backtest/consolidation.
Has had decent volume near...
